NOT LISTED FOR SALE

221 E Reed St Covina, CA 91723

Estimated Value: $824,000 - $892,000

3 Beds
2 Baths
1,596 Sq Ft
$532/Sq Ft Est. Value

Last Sold August 10, 2012

Last sale price $270,000 $169 Per Sq Ft

Est. 214% increase in value since last sale

Current estimated payment $4,825/month

308 Days on Market

Highlights

  • All Bedrooms Downstairs
  • L-Shaped Dining Room
  • Laundry Room
  • Wood Flooring
  • No HOA
  • Central Heating and Cooling System

About This Home

As of August 2012

Featuring 3B/2b, this 1954 cozy Covina home has a living area of 1,596sf with an in ground pool and a lot size of 6,486SF. Property sold as is. No repairs have been made or will be made. LOCATION LOCATION LOCATION.

Home also features a living room, dining room, large windows and hardwood floors through the majority of the house , fireplace, storage room, closets, patio, fenced pool and is centrally located: just blocks from Downtown Covina and police station; and very close to 10 Freeway, Eastland shopping Center, West Covina Mall, stores, markets and more!

Finally, This Property has additions/modifications which we are unaware if they are permitted or not. One bedroom appears to have been extended into an independent unit with its own kitchen and bathroom and is NOT currently occupied SO YOU CAN SEE IT. The same type of addition/modification is located next to the garage. Buyer to be responsible for repairs or additions. Property WILL not qualify for FHA.

Last Agent to Sell the Property

Enrique Vasquez-Plaza

Century 21 Masters License #01868555 Listed on: 07/28/2011

Century 21 Masters

Last Buyer's Agent

Diane Chang

Century 21 Inverness Realty License #01374604

Century 21 Inverness Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1954

Lot Details

  • 6,698 Sq Ft Lot

Parking

  • 1 Car Garage
  • Parking Available
  • Driveway

Interior Spaces

  • 1,596 Sq Ft Home
  • Dining Room with Fireplace
  • L-Shaped Dining Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 18
  • Tax Tract Number 18883
  • Assessor Parcel Number 8430004018

Home Details

Home Type

Single Family

Year Built

Built in 1954

Lot Details

6,698 Sq Ft Lot

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 8430004018
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1596.00
  • Flooring: Wood
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Dining Ell
  • Fireplace Features: Dining Room
  • Levels: One
  • Price Per Square Foot: 169.17
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Utilities: Cable Available, Natural Gas Available
  • Heating: Yes
  • Laundry: Yes
  • Electric: Electricity - On Property
  • Heating Type: Central
  • Laundry Features: In Kitchen
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 6698.00
  • Lot Size Acres: 0.1500

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6698.0000 Square Feet

Tax Info

  • Tax Lot: 18
  • Tax Tract Number: 18883

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2013
Sold by
Hu Yi Cheng
Bought by
Hu Yi Cheng
Current Estimated Value
$848,858

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Outstanding Balance
$25,061
Interest Rate
4.51%
Mortgage Type
New Conventional
Estimated Equity
$823,797

Purchase Details

Closed on
Jun 4, 2012
Sold by
Hernandez Maria
Bought by
Hu Yi Cheng and Zhou Xinzhuan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2012
Sold by
Martinez Rafael
Bought by
Hernandez Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 18, 2006
Sold by
Espinoza Gerard and Espinoza Faith Ann
Bought by
Martinez Rafael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
2%
Mortgage Type
Negative Amortization
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hu Yi Cheng -- Nations Title Company
Hu Yi Cheng $270,000 Ortc
Hernandez Maria -- None Available
Martinez Rafael $490,000 Fatcola
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hu Yi Cheng $100,000
Previous Owner Hu Yi Cheng $100,000
Previous Owner Martinez Rafael $392,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/10/2012 08/10/12 Sold $270,000 0.0% $169 / Sq Ft
05/31/2012 05/31/12 Pending -- -- --
05/15/2012 05/15/12 Price Changed $270,000 0.0% $169 / Sq Ft
05/15/2012 05/15/12 For Sale $270,000 -4.9% $169 / Sq Ft
05/08/2012 05/08/12 Pending -- -- --
03/16/2012 03/16/12 Price Changed $284,000 0.0% $178 / Sq Ft
03/16/2012 03/16/12 For Sale $284,000 +3.3% $178 / Sq Ft
11/18/2011 11/18/11 Pending -- -- --
11/14/2011 11/14/11 Price Changed $275,000 0.0% $172 / Sq Ft
11/14/2011 11/14/11 For Sale $275,000 +0.9% $172 / Sq Ft
09/08/2011 09/08/11 Pending -- -- --
07/28/2011 07/28/11 For Sale $272,500 -- $171 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,325 $332,472 $203,794 $128,678
2024 $4,325 $325,954 $199,799 $126,155
2023 $4,262 $319,564 $195,882 $123,682
2022 $4,205 $313,299 $192,042 $121,257
2021 $4,139 $307,157 $188,277 $118,880
2019 $4,046 $298,049 $182,694 $115,355
2018 $3,789 $292,206 $179,112 $113,094
2016 $3,578 $280,860 $172,157 $108,703
2015 $3,476 $276,643 $169,572 $107,071
2014 $3,430 $271,225 $166,251 $104,974
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: C11112770

California Regional Multiple Listing Service (CRMLS)

APN: 8430-004-018

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